Hopefully your article can help us figure out whether to abandon all banks for personal banking!

In most states, you can reclaim rights to the property in an abandonment situation.

Not enforcing lease abandonment.

Good luckWhat if their mailing address is the 'abandoned' house your inquiring about?

As stated above, much larger are the risks posed to the seller: mismanagement of the property (or an unfortunate eviction as described above), underestimation of initial renovation costs/holding time leading to trouble, the inability for the seller to secure a new loan because the sub to loan is still on their DTI, and abandonment by the buyer of their responsibilities to the seller's loan.But there is a risk to everything in this business.  

Driving for dollars can be beneficial if you "happen" to be in a neighborhood and see a property that looks to be abandoned or vacant.

Not worth digging through any of it.I also manage rentals and have dealt with a few that were abandoned due to death or incarceration.

You're on the right track.Your abandonment rates are good - these should stay below 3% to remain compliant.

The fact you have 'no-title' for the D-W, and as you mentioned previously there are no lien-holders to be found - means you are set up marvelously to call the D-W 'abandoned property' - this happens frequently, and the State of Texas has a process that will create a new title (since it is personal property, not part of the land) - that will be in your name, and will be sell-able after that as it will be a good marketable title from then on. 

We’ve reached out to a few property owners in an attempt to purchase some of the abandoned ones.